Enterprise Decision Management - a Weblog

BEA on Event Driven Architecture Sounds a lot like EDM

Yesterday BEA Systems released a white paper summarizing their findings of a customer study regarding Business Process Management (BPM). The paper is titled “The State of the BPM Market – Business and IT: Solving Process Problems Together.” BEA also culled through numerous analyst and other industry expert insights to narrow in on the key trends driving adoption of BPM related technologies. There were two especially notable items in the report that show an Enterprise Decision Management (EDM) approach to operational decision automation, connection and improvement is becoming an increasingly mainstream concept – even if the term EDM isn’t the label.

Call for Presentations - the new EDM Summit

How are you integrating business rules and analytics? How are you adding intelligence to your business processes? How are you putting analytics to work in your operational systems? How, in other words, are you using Enterprise Decision Management (EDM) to...

Business rules are core to the BPM/SOA value proposition

(Posted by guest blogger, James Taylor) Butler Group released a really well written report on BPM last year - Business Process Management: Building End-to-end Process Solutions for the Agile Business (December 2007) and I took a look at it after...

Making it actionable with EDM

(Posted by guest blogger, James Taylor) The Performance Guys had a post today titled "But is it "Actionable?" in which they discuss the general trend towards what is called "pervasive Business Intelligence" - that is, BI everywhere and for everyone....

“Smart Enough”…Processes

The June 2007 issue of DM Review features an interview with business process management (BPM) vendor Metastorm CEO Bob Farrell, titled “Process Intelligence.” Given Metastorm’s focus on BPM it isn’t surprising that Mr. Farrell has a process centric view of the world. Rather surprisingly though, it seems their business is experiencing trends similar to those developing around Enterprise Decision Management (EDM).

Business Rules, Business Decisions, Intelligent Processes, Enterprise Decision Management

Two analyst reports and an article came together today to reinforce both the core concepts of enterprise decision management - EDM - and its timeliness. First there was When Rules Go Inside Out With BPM (subscription required) by Jim Sinur...

EDM for IT Operations

I saw an interesting article on DM Direct (DM Review's email newsletter) today - Leveraging Decision Automation in Database Administration. In it Venkat Devraj makes an interesting case for using decision automation, what I would call decision management, to automate...

Nice article on Business Event Monitoring

The February issue of DM Review was full of good articles. First up, Solve Real-Life Business Problems with Business Event Monitoring by Sam Barclay. Sam's article did a nice job of bringing together both BAM (Business Activity Monitoring) and CEP...

BI, BRMS, BPMS and don't forget Decisions...

I saw this post on BI, BPMS and BRMS and this one similarly and it seemed to me that there is a crucial hole in these discussions - where are the decisions? I took a quick stab at a graphic...

Breakthrough in 2007 with decision management

I saw this post discussing some of the Harvard Business Review's Breakthrough Ideas for 2007. Three in particular caught my eye: Continuous partial attention One of the challenges noted in this point is the overwhelming stream of notices that people...

Those who know first, win - NOT!

I saw an ad today, for a well known enterprise application vendor's alliance with a chip company, that had the headline: Those who know first, win and all I could think of was how wrong this was. What good does...

Business Intelligence 2.0 and Enterprise Decision Management

I have been reading a few things on "BI 2.0" and it made me wonder about the phrase and about the differences, or similarities, between BI 2.0 and EDM. I know Charles Nicholls of SeeWhy and read his nice little...

Live from Gartner Symposium ITxpo - BPM Technology Selection: How Solutions Are Evolving

I am attending Gartner Symposium and ITxpo this week and blogging as I go. Last session before I have to leave for the airport. Jim Sinur presented on BPM Technology Selection: How Solutions Are Evolving BPM requires a methodology or...

Live from Gartner Symposium ITxpo - Business Intelligence, Business Process Management and Information Management Market Directions

I am attending Gartner Symposium and ITxpo this week and blogging as I go. Donald Feinberg, Jim Sinur, Kurt Schlegel, and Ted Friedman presented on Business Intelligence, Business Process Management and Information Management Market Directions I have been looking forward...

Operational risk management and decision latency

B-eye network hosted a webinar this week that was interesting: Risky Decisions Translate to Risky Business - The Negative Impact of Latency in Your Data Value Chain. In it Claudia Imhoff gave a nice overview of operational risk and the...

EDM and Business Activity Monitoring (BAM)

Mike Ferguson pointed me to this article he wrote on Building Intelligent Agents using Business Activity Monitoring for DM Review and this made me think about EDM and BAM. Firstly let me say that this is a well written article,...

Want to Bridge the "Insight Gap": Get the Insights First

James has argued repeatedly and convincingly that Enterprise Decision Management serves to "bridge the insight gap". That is, when data and analytics generate insights about the business, EDM can help put those insights quickly, easily, and inexpensively into action. Or...

Anti-Money-Laundering (AML) and EDM

Aite Group recently published a new report - Anti-Money Laundering Technology: Automating the Haystack Search. Sadly I don't have access to the report but I wanted to take a moment to discuss AML. In the interests of full disclosure I...

Live from InterACT: HP Open Bank and EDM

Watching HP present yesterday on their Open Bank framework and how decisioning and EDM can be plugged into it. Essentially the Open Bank framework is designed to help banks increase their share of wallet at lower cost while remaining compliant...

What the people REALLY want

A good friend of mine, Ken Molay over at Webinar Success, spotted this article Times have changed, technology needs to follow about the need for new technological solutions as work shifts increasingly to knowledge work. "86% feel they are being...

Live from Brainstorm (almost): Business Process Management, SOA, and Composite Applications

Ken Vollmer of Forrester Research gave a nice presentation on Business Process Management, SOA, and Composite Applications. I particularly liked both the phrase "Digital Business Architecture" to describe these general trends and his comment that we are finally able to...

Event Processing and Business Rules (and EDM)

Gene Weng sent me this great link on Complex Event Processing (CEP) - Workshop on Event Processing - Presentations and asked me some good questions. Some presentations mentioned rules as one way to process events - are they? This is...

Process Management Grows Up

Doug Henschen interviewed Jim Sinur of Gartner in Intelligent Enterprise - Process Management Grows Up: Q&A With Gartner's Jim Sinur - and Jim was his usual provocative self. I like the new maturity model at first glance as I think...

Railroads, logistics and EDM

Interesting article in InformationWeek today - U.S. Railroads Rolling Out High-Tech Logistics - that made me think about applying EDM in railroads or other logistic problems. As I read the article I started thinking about the operational systems that could...

SOA, BPM, CEP and business rules

Several articles, not at first obviously related, caught my eye this morning. First there was an interesting article by David Cameron on Complex Event Processing today in DM Review - A New Approach to Automating Real-World Business Processes. Then I...

Live from Gartner BI (not really): Business Activity Monitoring and EDM

My flight was delayed yesterday and as a result I was able to hear Bill Gassman present on Business Activity Monitoring. Now clearly a business rules approach has a place in a BAM solution but Bill made a good point...

CIOs will get pressure for EDM, not just BI

This InfoWorld article CIOs will see pressure for BI from executives struck me as interesting. I think that not only will the increase in data put pressure on them to deliver more BI, it will also: Force CIOs to develop...

Biztalk, Windows Workflow Foundation and Business Rules

I get a lot of questions about how business rules management systems fit with Biztalk and the upcoming Windows Workflow Foundation. To clarify all this I consulted my friends at Microsoft who gave me some useful links - in particular...

Complex Event Processing

Complex Event Processing will drive the need for Enterprise Decision Management infrastructure as rules and analytics in combination are ideal for CEP.